PERTH, Australia--(BUSINESS WIRE)--Australia’s two largest iron ore miners and its biggest steelmaker have selected the Kwinana Industrial Area, south of Perth, as the location to develop Australia’s ...

On any given day there are 250 people inside the Port Kembla steelworks working on the biggest project in the Australian steel industry — relining BlueScope Steel's number six blast furnace. The ...

BlueScope on Wednesday said it was returning $438m in surplus cash to shareholders through an unfranked special dividend of $1 per share. SGH and Steel Dynamics have not withdrawn their rejected ...

MELBOURNE, May 27 (Reuters) - Bluescope Steel Ltd , Australia's largest steelmaker, said on Wednesday it would defer the restart of its Port Kembla No.5 blast furnace in Australia until market ...

The recycled-content steelmaker has recorded an impairment charge against the 2022 acquisition of a North Carolina-based business unit. “While macroeconomic conditions remain mixed, our multi-domestic ...

We maintain our fair value estimate of AUD 16.50 for no-moat-rated BlueScope BSL, with shares screening as overvalued. We think the steel spreads of the past three years are untenably high, driven by ...